
Cheap Homes for Rent in Lake Cogardens Neighborhood of Waukegan, IL from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Cogardens area of Waukegan.


1001 Grand Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1001 W Grand Ave

338 N Green Bay Rd, Unit 1102
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1014 Edwards St
Lake Cogardens, Waukegan, IL Local Guide

How much does it cost to rent a home in Lake Cogardens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cogardens 2 Bedroom Homes for Rent | $2,060 | $2,060 | $2,060 |
| Lake Cogardens 3 Bedroom Homes for Rent | $2,261 | $1,600 | $2,995 |
| Lake Cogardens 4 Bedroom Homes for Rent | $2,780 | $2,560 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Lake Cogardens Neighborhood of Waukegan, IL.
Explore Waukegan
Cheapest Available Lake Cogardens Apartments for Rent
 The cheapest available apartment rental in the Lake Cogardens area of Waukegan, IL is a Studio unit found at CASA Apartments - Waukegan priced from $675. Cinnamon Lake Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Lake Cogardens apartments for rent in Waukegan, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CASA Apartments - Waukegan | Studio | Studio,1BA | $675 |
| Cinnamon Lake Towers | Studio | Studio,1BA | $1,025 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Lake Cogardens, IL
As of June 17, 2026 the best value apartment in the Lake Cogardens area is the $1.47 price per square foot 1520 Westmoreland Ave Model at 1520 Westmoreland Ave, Unit 2 Bedroom Apartment in the in the North Waukegan neighborhood starting from $1,400. The second greatest value Lake Cogardens apartment is the Fox Den Model at Fox Crest starting at $1,440 with a $1.75 price per square foot in the North Waukegan neighborhood. Here is today’s list of the best values for Lake Cogardens apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1520 Westmoreland Ave, Unit 2 Bedroom Apartment | 1520 Westmoreland Ave | 2BR,1BA | $1.47 |
| Fox Crest | Fox Den | 2BR,1.5BA | $1.75 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $1.31 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.75 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Harbor Lake | The Guppy | 1BR,1BA | $1.68 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
| Reserve at Eagle Ridge | The Seabird | 1BR,1BA | $2.19 |
| CASA Apartments - Waukegan | Studio | Studio ,1BA | $1.35 |
Frequently Asked Questions about Lake Cogardens
What type of rentals are currently available in Lake Cogardens?
There are currently 136 Apartments for Rent in Lake Cogardens, IL with pricing that ranges from $675 to $2,065. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Cogardens ranging from $1,190 to $3,000.
What is the current price range for Rental Homes in Lake Cogardens?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Cogardens ranges from $1,190 to $3,000 with an average monthly rent of $2,074.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.